Macy's stock fell 5% after it reported better-than-expected Q2 earnings and raised its full-year outlook, driven partly by $116 million in tariff refunds. While revenue and profit beat estimates, the market reacted negatively because much of the earnings boost came from these refunds rather than core operations. Retail peers like Kohl’s and TJX showed little movement, indicating the reaction is specific to Macy’s guidance quality. Investors will watch if Bloomingdale’s strong sales and reinvested tariff funds translate into sustained growth in the second half.
Macy's reported strong second-quarter results with a 2.7% rise in comparable sales, driven by revamped stores and growth in Bloomingdale's and Bluemercury brands. The company raised its full-year net sales forecast to $21.68-$21.83 billion and earnin...
Myriad Uranium Corp. announced preliminary uranium assay results from drilling at the Gem deposit within its Copper Mountain Uranium Project in Wyoming. The drilling intersected multiple broad intervals of near-surface uranium mineralization, with th...
Macy's will report its Q2 fiscal 2026 earnings on September 10, with analysts expecting adjusted EPS of $0.37 and net sales of $4.81 billion, both above company guidance. The retailer's turnaround strategy focuses on strengthening its core stores, gr...
Kroger and Macy's recently reported earnings, highlighting two different investment stories. Kroger, a long-term compounder, has seen its stock rise 81.5% over ten years despite a recent 15.9% drop, with consistent dividend increases and strong cash ...
This week, the key market event is the August Consumer Price Index (CPI) report, which could influence the Federal Reserve's decision on a rate hike in September. Economists expect a moderate rise in inflation, with core inflation slightly easing. St...
